The "new oil" is unlikely to be any different from the old oil when it comes to communist countries. Think about Venezuela or Nigeria. Terrible poverty despite oil. Its not what you've got, its what you do with it. AVZ is right in the middle of competing malitia and terrorists.
https://www.managementstudyguide.com/nigeria-a-strange-mix-of-poverty-and-oil-wealth.htm
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